• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Rivers revokes N134 billion secretariat contract, demands refund of N20 Billion 

Deborah Dan-Awoh by Deborah Dan-Awoh
October 17, 2025
in Business News
Appeal Court dismisses Governor Fubara’s request to restore N800 billion budget passed by four lawmakers 
Share on FacebookShare on TwitterShare on Linkedin

The Rivers State Executive Council has revoked the N134 billion contract awarded to the China Civil Engineering Construction Corporation (CCECC) for the renovation and furnishing of the state secretariat complex, citing irregularities in the contract’s award process.

At a press briefing following the council meeting in Port Harcourt on Thursday, the Permanent Secretary of the Ministry of Works, Dr. Austin Ezekiel-Hart, said the contract, awarded under the state’s previous emergency administration, failed to comply with standard procurement procedures.

Governor Siminalayi Fubara, who presided over the meeting, directed CCECC to refund the N20 billion mobilization fee already disbursed. Ezekiel-Hart noted that the project, one of several hurriedly approved under the former leadership, would now undergo a transparent revalidation and bidding process.

MoreStories

Protest stops opening of $25 million museum of West African Art in Benin City 

Protest stops opening of $25 million museum of West African Art in Benin City 

November 10, 2025
NDLEA arrests UK-fugitive Yussuf Azeez, recovers 148.3kg illicit drugs in Lekki lab 

NDLEA arrests UK-fugitive Yussuf Azeez, recovers 148.3kg illicit drugs in Lekki lab 

November 10, 2025

“The revalidation exercise will ensure that only qualified and experienced contractors are engaged,” Ezekiel-Hart said. “Fresh advertisements will be placed in national newspapers to invite bids for the projects previously listed.” 

Projects affected 

  • According to him, the affected projects include the construction of a 4.8-kilometer reinforced concrete shoreline protection and land reclamation in Queenstown, Epellema, Oloma, and Minima communities in Opobo/Nkoro Local Government Area.
  • Others include 2.5-kilometer shoreline reclamation projects in Ndoni-Onukwu, Isikwu, and Aziazagi communities, as well as Utuechi, Obiofu, Isala, Ani-Eze, and Odugri communities in Ogba-Egbema-Ndoni Local Government Area.

Recognized as being in the top 10 states with the highest FAAC disbursement in July 2025, the renovation and furnishing of the Rivers State Secretariat Complex were also among the projects slated for revalidation.

Meanwhile, Dr. Chisom Gbali, Commissioner for Employment Generation and Economic Empowerment, said the council also reviewed ongoing job creation efforts aimed at empowering the state’s youth. He added that a new framework is being developed to expand employment opportunities and stimulate economic growth.

What you should know 

In a related development, the Permanent Secretary of the Ministry of Education, Dr. Azibaolanari Uzoma-Nwogu, announced the constitution of a committee to design a proposal for establishing Computer-Based Test (CBT) centers and ICT laboratories across the state’s three senatorial districts.

  • She said the initiative aligns with the Federal Government’s directive that all WAEC and NECO examinations transition to computer-based formats by 2026. The Deputy Governor will chair the committee, with senior government officials from key ministries serving as members.
  • Additionally, the Permanent Secretary of the Ministry of Information and Communications, Dr. Honour Sirawoo, said the council has ordered immediate remedial actions in areas affected by flash floods.

He urged residents to avoid dumping waste in drainage channels or constructing buildings along waterways.

Sirawoo reaffirmed the government’s commitment to infrastructure renewal and sustainable development across the state.


Follow us for Breaking News and Market Intelligence.
Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

Related Posts

Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee,
Economy

Capital Gains Tax: Analysts fear asset sell-off by investors as FG focuses on revenue  

November 10, 2025
DisCos: Meet CEOs of Nigeria’s 12 electricity distribution companies 
Appointments

Eko Disco confirms Rekhiat Momoh as Managing Director 

November 10, 2025
Food prices, food inflation
Economy

Food prices fall as Abuja residents battle low purchasing power  

November 10, 2025
Seplat
Equities

Seplat’s upstream assets power growth: But how is its financing managed? 

November 10, 2025
Protest stops opening of $25 million museum of West African Art in Benin City 
Business News

Protest stops opening of $25 million museum of West African Art in Benin City 

November 10, 2025
NDLEA arrests UK-fugitive Yussuf Azeez, recovers 148.3kg illicit drugs in Lekki lab 
Business News

NDLEA arrests UK-fugitive Yussuf Azeez, recovers 148.3kg illicit drugs in Lekki lab 

November 10, 2025
Next Post
Traders displaying their staple food in a market

Nigeria records first month-on-month food deflation in over 13 years 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Capital Gains Tax: Analysts fear asset sell-off by investors as FG focuses on revenue  
  • Eko Disco confirms Rekhiat Momoh as Managing Director 
  • Food prices fall as Abuja residents battle low purchasing power  

Follow us on social media:

Recent News

Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee,

Capital Gains Tax: Analysts fear asset sell-off by investors as FG focuses on revenue  

November 10, 2025
DisCos: Meet CEOs of Nigeria’s 12 electricity distribution companies 

Eko Disco confirms Rekhiat Momoh as Managing Director 

November 10, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics